Lebanon: Signature of an electricity purchase contract with the private sector



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The Lebanese Minister of Energy, Cesar Abi Khalil, announced Monday the launch of a project to obtain wind power. The Lebanese authorities hope to help reduce the cost of electricity production in Lebanon. Beirut – Sputnik. "This project is an important achievement that includes three phases: the statement of intent phase, the statement of intent stage, the statement of intent stage," A departmental committee has been set up in 2014 for this project and we managed the negotiations and the management of the offers of companies. "

Abi Khalil pointed out that the Ministry of Energy" has called upon consultants At the price of 11 , 3 cents of the US dollar per kilowatt, and the report was submitted to the Council of Ministers "It is possible to obtain better conditions," he said, adding that international companies had requested changes to contracts on 1 February, in order to ensure less financing conditions, and stipulated that any modification of contracts should "The Lebanese Minister of Energy stressed that" the signing of the contract was reached by the amendments of the Council l ministers and a further reduction. "We have reached the intermediate tariff for electricity in Lebanon and we have been able to carry out a renewable energy project

Abi Khalil pointed out that" this is the first contract of purchase private sector energy in the field of energy that is "We have launched the project of public-private partnership since 2012 and today we have achieved this contract in the best conditions." Wind project will essentially develop the Akkar region in northern Lebanon, it should be completed after about 36 months

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